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Spanish stocks - Factors to watch on Tuesday

Published 25/06/2019, 04:21 pm
Spanish stocks - Factors to watch on Tuesday
ES35
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REDE
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TEF
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ELE
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BKIA
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DIDA
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BKY
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CLNX
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The following Spanish stocks may be affected by news reports and other factors on Tuesday. Reuters has not verified the reports, and cannot vouch for their accuracy:

RED ELECTRICA REE.MC

RBC raises the stock to sector perform from under-perform. ELE.MC

Spain's competition watchdog has fined Endesa 5.5 million euros ($6.3 million), El Pais reported. Endesa plans to appeal the fine, Expansion reported.

CELLNEX CLNX.MC

The phone towers group said it would issue 700 million euros worth of senior unsecured convertible bonds. the Italian holding company that owns a stake in Cellnex, said on Monday its shareholders had appointed veteran manager Gianni Mion to the role of chairman of its board. BKIA.MC

Bankia has cut the cost it was charging ING to allow its clients to use Bankia cash machines by 20 percent to 0.65 euros, Expansion reported.

TELEFONICA TEF.MC

The telecommunications firm announced it will install a submarine cable connecting Guatemala and Chile in a joint project with America Movil, Expansion reported.

DIA DIDA.MC

The supermarket group is selling off its stock of kitchenware and electronics and plans to focus only on food and personal hygiene products, Cinco Dias reported.

BERKELEY ENERGIA BKY.AX

The Australian mining company said it was starting an initial drill programme in Spain to test for metals including lithium, cobalt, tin, tungsten and rare earths. today's European market outlook double click on .EU .

For real-time moves on the Spanish blue-chip index IBEX please double click on .IBEX

For IBEX constituent stocks highlight .IBEX in the command box and press the F3 button on your keyboard

For latest news on Spanish stock moves double click HOT-ES

For Spanish language market report double click on .MES

For latest Eurostocks report please double click on .EU

($1 = 0.8777 euros) (Editing by Andrew Heavens)

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